NOT LISTED FOR SALE

1204 E River Dr Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $313,000 - $441,000

2 Beds
1 Bath
926 Sq Ft
$391/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $190,000 $205 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,267/month

26 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • East Facing Home
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 2-minute walk to George Mudd Playground

About This Home

As of March 2022

Sinkhole property. Investors only. Cash or hard-money. Good potential. Please see addenda. BEWARE--property may be unsafe---go in at your own peril.

Last Agent to Sell the Property

Felipe Hofstatter

United Realty Group Inc License #3317354 Listed on: 02/09/2022

United Realty Group Inc

Last Buyer's Agent

Aldo Merlino

LoKation License #3246274

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1959

Lot Details

  • 8,398 Sq Ft Lot
  • East Facing Home
  • Property is zoned 01

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 926 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Margate 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125031180

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,139

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: MARGATE 3RD ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 926
  • Other Equipment: No Equipment
  • Possible Use: Primary
  • Bedroom Features: None
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MARGATE 3RD ADD
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484125031180
  • Lot Size Sq Ft: 8398
  • Zoning: 01
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 31, 2022
Sold by
Csma Sfr Holdings Ii-Lse Llc
Bought by
Jonas Louis and Jonas Trifina Bernista
Seller's Agent
Felipe Hofstatter
United Realty Group Inc
Buyer's Agent
Aldo Merlino
LoKation
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Current Estimated Value
$361,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,635
Avg. Annual Appreciation
19.70%

Purchase Details

Closed on
Jun 29, 2021
Sold by
Csma Ft Llc
Bought by
Csma Sfr Holdings Ii Lse Llc

Purchase Details

Closed on
Nov 27, 2012
Sold by
Ballon Helen L
Bought by
Five Ten Florida Iii Llc

Purchase Details

Closed on
Jun 29, 1993
Sold by
Leyburn Charlotte R
Bought by
Ballon Helen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,413
Interest Rate
7.52%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jonas Louis $190,000 Esquire Title & Escrow
Csma Sfr Holdings Ii Lse Llc $143,821 Os National Llc
Five Ten Florida Iii Llc $83,000 Attorney
Ballon Helen L $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballon Helen L $67,413
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $190,000 -15.6% $205 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $225,000 0.0% $243 / Sq Ft
01/01/2014 01/01/14 Rented $1,300 0.0% --
12/02/2013 12/02/13 Under Contract -- -- --
11/01/2013 11/01/13 For Rent $1,300 +4.0% --
02/06/2013 02/06/13 Rented $1,250 -7.4% --
02/06/2013 02/06/13 For Rent $1,350 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $229,900 -- --
2024 $4,485 $229,900 $37,790 $152,210
2023 $4,485 $190,000 $37,790 $152,210
2022 $4,959 $213,980 $37,790 $176,190
2021 $4,139 $169,180 $0 $0
2020 $3,769 $170,480 $37,790 $132,690
2019 $3,507 $159,140 $37,790 $121,350
2018 $3,101 $147,080 $37,790 $109,290
2017 $2,913 $115,560 $0 $0
2016 $2,519 $105,060 $0 $0
2015 $2,469 $95,400 $0 $0
2014 $2,297 $86,730 $0 $0
2013 -- $78,850 $33,590 $45,260
Source: Public Records

Agents Affiliated with this Home

  • Felipe Hofstatter

    Seller's Agent in 2022

    Felipe Hofstatter

    United Realty Group Inc

    (954) 450-2000

    1 in this area

    49 Total Sales

    Felipe Hofstatter
    Section Image
  • Aldo Merlino

    Buyer's Agent in 2022

    Aldo Merlino

    LoKation Real Estate

    (561) 200-7171

    1 in this area

    22 Total Sales

    Aldo Merlino
    Section Image

  • G

    Seller's Agent in 2014

    Gabriella Urso

    Alto Realty Inc

    (954) 394-8627

    8 Total Sales

    Gabriella Urso
    Section Image

  • F

    Seller's Agent in 2013

    Fabrizio Santoro

    Alto Realty Inc

    (954) 274-4832

    6 Total Sales

    Fabrizio Santoro
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11158615

MIAMI REALTORS® MLS

APN: 48-41-25-03-1180

Florida Broward County Margate 33063 Margate Gardens

1204 E River Dr, Margate, FL

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